Rak Bank Loan
- Salary Transfer
- Reducing rate
- Early settlement fee
- Yes
- 5.99%
- 1%
- Min salary required
- Maxm loan amount
- Tenure
- AED 5000
- AED 1.5m
- 48m
Benefits:
- Reduce Interest rate
- Free for Life credit card
- Same day approval
Features
- Required to transfer your salary to rak bank
- Expats of age 21 to 60 years can apply for this Loan
- Length of service should be confirmed or should have worked 6 months before applying for this scheme
- Min salary required is AED 5,000
- Flexible repayment period of up to 48 month
- Easy and hassle free documentation
Documents required
- Three Months bank statement
- Valid original Emirates Id
- Valid original Passport with a valid visa stamp
- original valid salary certificate
Note:
- Approval of the application of your loan is subject to meeting Rak Bank’s credit policy and eligibility criteria and is at the sole discretion of rak bank.
- Click here to view the full details of the product.